tekgoblin writes: "Nvidia has announced today their first gaming system based on Android and the Tegra 4 called Project Shield. The device is capable of running the Unreal Engine and has outputs to connect directly to your TV. Shield is also running the Android OS so you can enjoy everything about Android as well on either your TV or in your hands on the device. It also supports the new Nvidia Grid gaming and streaming movies and games from your PC or the internet.The system was being demoed on a new LG 4K TV with HDMI out and it was beautiful. The system performed quite well to all tests and even was able to stream content such as games installed on Steam on your own computer directly to the Shield device to play. So basically you can create your own gaming cloud with Shield inside your own home, you can play the games on your PC from your Couch or while laying in bed."